freeport-mcmoran Archives

16 Arizona companies make Fortune 1000 list

Economic Development , 8 honored

Sixteen Arizona-based companies earned spots on the Fortune 1000 list, a reference list of the 1,000 largest American companies, ranked on revenues alone. The 16 Arizona companies on the Fortune 1,000: No. 108 Avnet, Phoenix No. 137 Freeport-McMoRan, Phoenix No. 323 Republic Services, Phoenix No. 386 PetSmart, Phoenix No. 493 Insight Enterprises, Tempe No. 502 Northern Tier Energy,… Read More →

Best of NAIOP’s 2014 winners announced

Chris Toci of Cushman & Wakefield of Arizona, Investment Broker of the Year, 2014 Best of NAIOP Arizona awards event at the Arizona Biltmore. Courtesy of Peter Madrid, Cushman & Wakefield.

Kurt Rosene, head of NOVO Development, was honored with the Award of Excellence at the 2014 Best of NAIOP event at the Arizona Biltmore. Prior to helping found NOVO, Rosene directed land property development throughout North America for The Alter Group. While with Alter, Rosene oversaw more than 5 million square feet of real estate… Read More →

Warren Buffett headlines new ASU speaker series

Warren-Buffett

Leading business figures, including BerkshireHathaway CEO Warren Buffett, are participating in a new speaker series at Arizona State University. The “Iconic Voices” lecture series, to be held at the Walter Cronkite School of Journalism and Mass Communication, features candid in-person and video interviews with business notables that include Buffett and Freeport-McMoran CEO Richard Adkerson as… Read More →

Freeport-McMoRan grant empowers women

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Experience Matters, an organization that is creating a stronger, more vibrant community by connecting the skill and passion of experienced adults with nonprofits that need their help, announced today it has received a grant of $60,000 from Freeport-McMoRan. The grant, which will be matched by local resources for a total value of $120,000, will be… Read More →

Office Mate: The creative endgame for functional obsolescence

The C3 office building, in Los Angeles, was re-imagined by Gensler to include more "front doors" for suites, which are depicted by the colorful stairways on the building's exterior.

Forget the corner office. These days, it’s about the coffee shop around the corner, the food trucks outside the lobby, the light rail that passes an office building every 15 minutes. The work place is all about the worker. Employee and entrepreneur are synonymous. Human resource departments are working in concert with building owners, managers,… Read More →

Freeport-McMoRan sells stake in Chilean mine for $1.8B

mining

Freeport-McMoRan Inc. is selling 80 percent of its stake in a copper and gold mine in Chile for at least $1.8 billion. The mining company announced the sale agreement Monday for the Candelaria-Ojos del Salado mine with Lundin Mining Corp. of Canada. In addition to $1.8 billion in cash, Freeport-McMoRan also said it will receive… Read More →

Freeport-McMoRan Completes Acquisition in Gulf of Mexico

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Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has completed the previously announced acquisition of certain part of Apache Corporation’s (Apache) (NYSE, Nasdaq: APA) interests in the Deepwater Gulf of Mexico (GOM). Following the exercise of preferential purchase rights by other working interest… Read More →

Freeport-McMoRan Completes $3.1B Sale

san-antonio-texas-eagle-ford-oil-shale-top

Freeport-McMoRan Copper & Gold Inc. announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has completed its previously announced sale of its Eagle Ford Shale assets to a subsidiary of Encana Corporation for cash consideration of $3.1 billion, before closing adjustments from the effective date of April 1, 2014, through… Read More →

BOMA Greater Phoenix TOBY Awards 2013

Portales I Exterior 2, WEB

This year’s BOMA Greater Phoenix TOBY Awards were presented Nov. 15 at the Renaissance Phoenix Downtown. AZRE Magazine would like to congratulate the seven winners of this year’s BOMA Greater Phoenix TOBY Awards. 100,000- 249,999 SF Category: Portales Corporate Center II 4800 N. Scottsdale Rd., Scottsdale Owned by: Principal Real Estate Investors Architect: DFD Conoyer… Read More →

DIGNITY receives $50K from Freeport-McMoRan

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by in Business News | Nonprofit

Catholic Charities Community Services received a $50,000 Women’s Development Grant from the Freeport-McMoRan Copper & Gold Foundation. The funds will be used to help women in Catholic Charities’ DIGNITY program for prostitution recovery. “We are so grateful for Freeport-McMoRan Copper & Gold Foundation’s support,” said Erica Reed, DIGNITY program director at Catholic Charities. “There tends… Read More →

$2M Grant from Piper Supports Fight Against Cancer

Banner MD Anderson Lantern Of Hope

With a generous $2 million grant from Virginia G. Piper Charitable Trust, the Cancer Has Met Its Match campaign benefitting Banner MD Anderson Cancer Center is near its $20 million goal. The grant from Piper Trust, in support of the campaign, provides funding for capital, programs and services that will impact patients, their families and… Read More →

Freeport-McMoRan's profit rises 16%

Richard Adkerson, Freeport-McMoRan Copper & Gold - AZ Business Magazine May/June 2011
by in Business News

Freeport-McMoRan Copper & Gold Inc. said Tuesday that fourth-quarter profit rose 16 percent on a combination of rising sales and lower copper-production costs, and the mining company’s stock rose. Net income was $743 million, 78 cents per share, compared with $640 million, or 67 cents per share, a year earlier. Excluding one-time items such as… Read More →

Freeport-McMoRan’s profit rises 16%

Richard Adkerson, Freeport-McMoRan Copper & Gold - AZ Business Magazine May/June 2011
by in Business News

Freeport-McMoRan Copper & Gold Inc. said Tuesday that fourth-quarter profit rose 16 percent on a combination of rising sales and lower copper-production costs, and the mining company’s stock rose. Net income was $743 million, 78 cents per share, compared with $640 million, or 67 cents per share, a year earlier. Excluding one-time items such as… Read More →

Freeport-McMoRan buys energy companies for $9B

freeport

Mining company Freeport-McMoRan is buying a pair of oil and gas producers for $9 billion, creating a natural resources conglomerate with assets ranging from oil rigs in the Gulf of Mexico to mines in Indonesia. Freeport, based in Phoenix, is paying $6.9 billion in cash and stock for Plains Exploration Co., and $2.1 billion for… Read More →